Chief tech Gascoyne extends deal with Lotus

Lotus Racing has extended the contract of chief technical

officer Mike Gascoyne until 2015, amid legal challenges over the

future of the Formula One team.

The reborn Lotus, led by Malaysian airline tycoon Tony

Fernandes, entered F1 this season. The team has yet to score a

championship point, while insisting its focus is on long-term

development.

In a statement Wednesday, Gascoyne said it was ”my intention to

finish my career here.”

Lotus Racing is currently involved in a legal struggle over the

rights to the historic Lotus motor racing brand, with Malaysian car

company Proton owning rights to another branch of the business and

with intentions of its own to get involved in GP2 and GP3 racing

next year.